Highland Lakes, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 158 transactions over the past year in Highland Lakes. The median value for residential home transactions that occurred over the previous year is $336,409.75. The number of current listings in Highland Lakes is 18, and the percentage of properties for sale in the city is 18.00%. Highland Lakes, NJ currently has 52 properties in foreclosure, 1 bank owned properties, 5 properties headed for auction, and 18 properties for sale.
Highland Lakes, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
07422 | $ 295,350 $ 294/sqft |
Housing Market Summary for Highland Lakes, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $249K | $296K | 18.88% |
Median Sold Price | $277.6K | $296K | 6.63% |
Homes For Sale | 23 | 16 | -30.43% |
Homes Sold | 79 | 82 | 3.80% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Highland Lakes, NJ
Browse Homes in Highland Lakes, NJ
Highland Lakes home values range from $116,600 to $887,800. The median estimated value of a home in Highland Lakes is $336,409.75. The median list price of a home is 287,000, and the total count of properties in the city is 2,952.
- Pre-ForeclosurePre-foreclosure homes account for 1.56% of all residential properties in Highland Lakes, NJ with 07422 containing 46 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Highland Lakes, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $514,100 in 07422 to the lowest home value of $237,000 in 07422.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Highland Lakes, NJ ranges from the highest value of $340,700 in 07422 to the lowest value of $340,700 in 07422. Bank owned homes and properties account for 0.03% of properties in Highland Lakes, NJ. There is 1 zips within Highland Lakes, NJ; 07422 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07422 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Highland Lakes, NJ. Auction homes and other auction properties account for 0.17% of all properties in Highland Lakes, NJ. There is 1 zips within Highland Lakes, NJ; of that zips, the median estimated home value for homes going to auction ranges from $344,900 in 07422 to the lowest value of $238,300 in 07422.
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More Real Estate Resources for Highland Lakes, NJ
Guide for Highland Lakes, NJ
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